Visa Inc., Walt Disney and 21 Stock Top Picks and 3 ETF (Oct 25-31)
This week there were 21 Stock Top Picks and 3 ETF in a wide range of industries: Technology, Energy, Consumer, Industrials, Healthcare, ETF, Basic Materials and Telecommunications.
The momentum trades are being unwound in the hedge fund space, causing a lot of stocks like this to retrace. He will have to close out of stocks in a choppy market, but will be willing to hold a little longer if the fundamental story remains strong. He is not too concerned about this recent…
Tecsys Inc (TCS-T)
Baylin Technologies (BYL-T)
Small tech name in Canada. Come back from the dead. Building in the hot areas like 5G. A small company, not expensive, underloved. Will have to ride through volatile times. No dividend. (Analysts’ price target is $6.00)
The old Statoil. Norwegian national sovereign oil company that they partially sold to the public. No energy discount as we have here in Canada. Very well run. Profitable. Reported OK numbers today. Thinks it's very very cheap at these levels. (Analysts’ price target is $24.01)
Mullen Group Ltd (MTL-T)
Suncor Energy Inc (SU-T)
It is one of the best looking charts and has not deteriorated as much as some of the others. They are well managed and in a good position. What they need is to get product out of Alberta. You need the oil pricing and that is all.
They spend a lot of money on the Star Wars theme park, which is taking time to catch on. Remember though, they are a monetizing machine. In the past they have heavily invested in themes, but have been able to grow into it. They are good at it. They have studio, tv, and products to…
Ulta Salon Cosmetics and Fragrance Inc. (ULTA-Q)
Very good management. Likes the segment and its growth profile. It can have a little torque, so you might want to use trailing stops. When it comes off, it can come off pretty hard.
Borg Warner (BWA-N)
Auto parts. Extremely well run. Good management and balance sheet. Have very good exposure to the turbochargers.
Diamond Estates Wines and Spirits Inc. (DWS-X)
The only other publicly traded company other than ADW.A-T in wine. Legislation in Ontario allows wine to be sold in grocery stores. This is going to grow significantly. But DWS-X also sells most of their production to a Chinese exporter. It has higher growth potential than Brick Brewing (BRB-T). (Analysts’ target: $0.40).
Trades at a huge discount to replacement value, which he pegs at around $65. Apartments are a defensive asset class and this is a good example. If you are worried about house prices declining in Western Canada, people are going to rent instead of buy. You should see occupancy go up in low income Housing,…
Toronto Dominion (TD-T)
Mid-$80s? His favorite of the Big 6. It has bigger US exposure, which would help if we go into recession.
Bank of Nova Scotia (BNS-T)
She likes the Canadian banks and that the economy is slowing. Today's bank valuations are reflecting that. BNS-T is selling off some non-core assets. It now trades at a discount to the other Canadian banks and feels it is the time to buy this one.
It broke massive support around $21 and has fallen. Since 2016, it has a definite pattern of huge swings up and down, but it didn't rise up in the last three months, which is not good. He's bearish.
Intertek Group plc (ITRK-LON)
London Exchange. Testing and Inspections. 3 dominant companies in the business and this is one. Great growth business. Have grown Sales by 15%-20% over the last 5 years with profits from 15%-30%. Debt equity ratio is very strong. Well managed.
Cargojet Inc (CJT-T)
They are the monopoly in the sky for parcel delivery. Things are going great right now. It corrected last fall. The stock is not cheap but they are showing good growth. He does not know whether to buy it or just hold it.
Interesting company and has been a good stock. Trading at about 15X earnings. Growing revenues in the single digits, which always worries him. Well diversified industrial.
Humana Inc (HUM-N)
Hamilton Thorne Ltd (HTL-X)
This is in intro fertilization, and they supply a lot of the supplies. Have been growing both organically and by acquisition. Thinks it will continue to make acquisitions.
Charges only 25 basis points. Contains value and momentum stocks that are trending. Diversified with 250 holdings and pays a 1.84% dividend yield. The underlying securities here can withstand a recession.
Brompton European Dividend Growth (EDGF-T)
ZWP-T vs. EDGF-T. We have high yielding stocks that generally have lower volatility and so have lower option premiums. The covered writing does not add much value.
Horizons Gold ETF (HUG-T)
Gold ETF. Non-leveraged ETF. You're basically buying Cdn$ version of the SPDR Gold ETF (GLD-N) and taking the exchange rate of the picture. If you like the commodity, this is a good way to play it.
🛢 Basic Materials
She does own this one and the recent pullback offers a good buy in point now. They are generating new synergies and cash flow from the potash and retail operations. The dividend yield is attractive. There was a very delayed planting season in the US, so crop yields will have to be watched going forward.…
With telecoms, you want to look at enterprise value over EBITDA. Likes the dividend, of about 3%, and should grow. Stock's a bit off because of competition last quarter. Good time to accumulate shares. For total return, best performer compared to BCE and Telus over last few years.
This post summarizes the top picks weekly. The previous week’s stock picks list is available for an additional week using the link below. Refer to Daily Top Picks available in the All Top Picks pages to browse the all-time top picks archive.
Use this list wisely to identify buying opportunities.
Happy trading !!!